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Topic: Why are people getting scared to Trade - page 5. (Read 1446 times)

sr. member
Activity: 2590
Merit: 322
Vave.com - Crypto Casino
February 17, 2024, 10:01:27 AM
#97
To be realistic crypto trading is very hard and it's a lot of years of learning, personal sacrifices such as loss of funds eg liquidated accounts when starting to trade live, many years of learning chart patterns etc, knowing fully that crypto trading is very risky, I believe only few people would be able to undergo those pathway towards becoming a profitable trader rather they prefer other less tasking jobs even with less income alternatively hodling crypto is another less risky ways of earning money, infact many people who had switched over to other crypto related jobs must have once being a trader before unfortunately couldn't cope with it having lost their hard earned money through trading
hero member
Activity: 616
Merit: 749
February 17, 2024, 09:23:08 AM
#96
The answer is simple. They love their hard earned money and without proper preparation they don’t want to trade. Trading is not an easy task. You need to have proper technical knowledge in order to make profits from trading. If you don’t have enough knowledge about the market and do trading blindly, then forget about profits, you will be sinked in losses only. Hence, many people try other stuffs many time to make some good cash.

You're correct and also the bad market conditions has made many individual to not want to trade as the market isn't giving many profits nowadays. Altcoins has been falling while Bitcoin is rising therefore trading altcoins would have been a lost during the last few week. Many individuals are also not willing to take the risk of trading as they don't want to lose their hard earned money, they also don't want to go through the stress to trade and prefer to gamble always with hopes of winning.

Some good things to try for making good cash is investing instead of trading, if you do both it'll be good as investing and trading can give you good profits. When it's taking long for your investments to give you profits you can be trading. Many individuals don't also what to risk their money since there's many others ways to make money from the market as airdrops and bounties are giving individuals some profits.
newbie
Activity: 3
Merit: 0
February 17, 2024, 08:25:29 AM
#95
The market direction has really been unpredictable in the last couple of weeks and at such traders have lost a lot of money and right now people are scared to trade.. Some trades are waiting for the market to be more stable before jumping back on it
full member
Activity: 1120
Merit: 158
★Bitvest.io★ Play Plinko or Invest!
February 17, 2024, 08:19:18 AM
#94
Getting into airdrops and crypto events is like a side hustle for many crypto fans. It's not about avoiding trading but a different way to make some bucks. You grab free tokens through these events and if those tokens hit it big, you're in for some profits. It's a bit of a laid-back approach compared to hardcore trading, making it more accessible for folks who want to keep things simple and diverse in the crypto game
hero member
Activity: 994
Merit: 552
February 17, 2024, 06:02:19 AM
#93
People get scared from trading due to inevitable losses that were experienced by the early traders, or let's just say they have been losing in trading before and so the fear to trade again is irresistible.

Because in reality, no one gets scared without basis, most especially in trading where majority are losing and only few succeeded in their trades. And those who have succeeded in the end have lose their funds at first, but they're brave enough to never quit from trading.
Actually many people still get scared for trading because has losses experience before or reading the other trader history with how much their losses in trading, I think for trader if not get good mentality for facing risk they will always get scared for trading and keep on comfort position zone put their money in the bank.
Get more reading with how many people have been success in trading and earn much profitable, I think looking positive side and result achievement by the experienced trader make us motivate want to trade without scared yet. I know we can we cannot avoid losing positions when trading, but as much as possible we can get profits when trading even though we are once in a losing position. Make your freedom financial trough trading and don't make your self on comfort position aware with loss in trading.
hero member
Activity: 1624
Merit: 624
February 17, 2024, 05:15:06 AM
#92
Lately, I have noticed in most crypto groups I'm in,  many crypto enthusiasts are increasingly participating in airdrops and crypto events organized by exchanges or project developers to earn USDT or tokens. Is it because these "people" are afraid to trade or they do not believe they can make money from trading? Don't get me wrong, I understand that this can also generate passive income, but what I'm curious about is whether these activities truly yield significant profits or not.

I think that the reason why many people are afraid of trading today is the bad experiences they had in the past and the bad experiences they heard from the people around them because many people especially in the cryptocurrency markets, traded unconsciously during the bull period. The fact that they engage in this market during the bull period and trade unconsciously, their dreams of becoming a millionaire in a very short time don't come true and the people around them lose a lot of money in the cryptocurrency markets cause individuals to be afraid of trading. Especially in periods when the market is very active, there are many individuals who lose money by using high leverage and have bad memories in trading which triggers these individuals' fear of trading today. Naturally, considering today's conditions many people don't want to trade and lose their current savings in trading.

To summarize briefly, it wouldn't be wrong to say that many people today don't want to risk their savings and are afraid to trade due to the bad experiences they had in the past and the people around them losing money by trading unconsciously. Of course, when this is the case, many people prefer to pursue airdrops and similar campaigns to earn money without using capital.
member
Activity: 305
Merit: 11
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February 17, 2024, 02:22:03 AM
#91
There are very few people who are not afraid of trading. Trading seems more risky especially for those who make money from free airdrops, bounties. One thing is true for all that trading is definitely risky. Because here you have to trade using your own capital and there is considerable risk of losing money. In trading you analyze the market well and wait for the right time. You may have a chance to make a good profit by trading in the future. But you should trade with the fact that you may face financial loss instead of profit.
sr. member
Activity: 1512
Merit: 418
February 16, 2024, 10:47:53 PM
#90
I think it is not so difficult to analyze the market. People can analyze the charts because it is something we can learn. People who claim they have no ability in analyzing, they are probably lazy. Another thing that we must learn is about the fundamental factors. If we often to check the development of the projects, we can understand how to analyze this.

People who suggest to invest because they have no much time for trading. And they may be lazy to learn trading. But if we have the intention to succeed with trading, we must have time for ttrading. We can learn trading from any sources, so why we must be lazy.  Wink

Correct. Trading can be learned as long as we are willing to learn and are not lazy. Moreover, we already have access to good information, so that what everyone needs to progress financially and in life in general is very easy to get in today's era.

How many traders fail because they don't want to learn and don't turn their mistakes into experience even though they have tried their best, but if you are lazy about learning to trade then you will not succeed and will definitely fail. . Trading is serious business and most people just try their luck as if it were a casino. In fact, no matter how many mistakes you make or how slow your progress in trading is, you are still far ahead of everyone who doesn't try.
legendary
Activity: 2282
Merit: 1344
Buy/Sell crypto at BestChange
February 16, 2024, 09:23:25 PM
#89
The answer is simple. They love their hard earned money and without proper preparation they don’t want to trade. Trading is not an easy task. You need to have proper technical knowledge in order to make profits from trading. If you don’t have enough knowledge about the market and do trading blindly, then forget about profits, you will be sinked in losses only. Hence, many people try other stuffs many time to make some good c
And add also that the hype in social media seems gone and starting to slow down compared to previous bull markets where you will see a lot of people or influencers who are luring these new people to trade just to get some commissions or affiliates and end up losing their hard-earned money.
legendary
Activity: 3080
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
February 16, 2024, 09:02:58 PM
#88
No risk no reward. success wouldn't come knocking if we always stay in our comfort zone. Trading event are always rewarding if your skills are good. My experience  with KCGI was productive and will give this event a shot too.
In reality it is like that, because in any life, everyone who wants the benefits of a job must have the courage to take risks so that the rewards can come. And if there are people who think that any reward can come by itself through their comfort zone, that is a very ridiculous thought and completely unreasonable because basically everyone is trying to work to get a reward. Especially if your job is as a trader, who generally has to be able to read market opportunities and be able to choose the best assets to trade regularly.
definitely, those too scared to take the risk always found themselves in the same place despite so many years have passed their life not changing at all, striving for betterment of ourselves through taking series of risk is necessary since our mentality will also be tempered eventually.

risk is just part of being success, failing also part of being success, if we want to start from scratch we must accept the fact that we might be falling and need to start from the very beginning all over again.
accepting that fact will also make us courageous to keep trying and trying, if someone is so uncomfortable doing business that have much risk or at least investing and trading they should try to learn being an employee, get into that ivy league and build your career and get good salary otherwise, small opportunity of success.
hero member
Activity: 1302
Merit: 516
Bitcoin Casino Est. 2013
February 16, 2024, 07:30:14 PM
#87
No risk no reward. success wouldn't come knocking if we always stay in our comfort zone. Trading event are always rewarding if your skills are good. My experience  with KCGI was productive and will give this event a shot too.
In reality it is like that, because in any life, everyone who wants the benefits of a job must have the courage to take risks so that the rewards can come. And if there are people who think that any reward can come by itself through their comfort zone, that is a very ridiculous thought and completely unreasonable because basically everyone is trying to work to get a reward. Especially if your job is as a trader, who generally has to be able to read market opportunities and be able to choose the best assets to trade regularly.
hero member
Activity: 3038
Merit: 647
February 16, 2024, 06:59:40 PM
#86
People get scared from trading due to inevitable losses that were experienced by the early traders, or let's just say they have been losing in trading before and so the fear to trade again is irresistible.

Because in reality, no one gets scared without basis, most especially in trading where majority are losing and only few succeeded in their trades. And those who have succeeded in the end have lose their funds at first, but they're brave enough to never quit from trading.
sr. member
Activity: 504
Merit: 323
February 16, 2024, 06:45:22 PM
#85
Lately, I have noticed in most crypto groups I'm in,  many crypto enthusiasts are increasingly participating in airdrops and crypto events organized by exchanges or project developers to earn USDT or tokens. Is it because these "people" are afraid to trade or they do not believe they can make money from trading? Don't get me wrong, I understand that this can also generate passive income, but what I'm curious about is whether these activities truly yield significant profits or not.

I can say they choose to attend those events to earn money. because in these cryptos, there are many things to do that will make you money. So there are two things here: either those people that are attending those events to make money cannot trade, or they do not have money to trade, they are not ready to trade, and lastly, they did not choose to trade, or they could not take the risk in trading, so they chose to go to events organized by crypto exchanges so they could make money. However, if those activities did not bring them money and profit, they would have stopped it. Just know that those exchanges are advertising their company to get more recognition and customers, so after those events, they get more people.


I think it is not so difficult to analyze the market. People can analyze the charts because it is something we can learn. People who claim they have no ability in analyzing, they are probably lazy. Another thing that we must learn is about the fundamental factors. If we often to check the development of the projects, we can understand how to analyze this.

Analyzing the market will not be hard for someone who knows how to do it, because if you know how to do it, it will not be hard for you, but for someone who is struggling to learn, I believe he or she will find it difficult to analyze the market. Although fundamental knowledge is also important, that alone cannot solve a trader's problem; technical analysis must also be there to make a trader make money out of it.

Quote
People who suggest to invest because they have no much time for trading. And they may be lazy to learn trading. But if we have the intention to succeed with trading, we must have time for trading. We can learn trading from any sources, so why we must be lazy.  Wink

whether trading and investment It is a choice if someone chooses to invest. It is not as if they cannot trade or they do not have time for it; it is just that some people don't really like trading, especially the type of risk that is associated with trading, so it makes some feel discouraged to trade.
full member
Activity: 1498
Merit: 132
BK8 - Most Trusted Gambling Platform
February 16, 2024, 05:43:24 PM
#84
There are many reasons why people are afraid to trade because of their inability to analyze the market or a particular coin or the constraint that they are minimal with capital and are not ready for all the risks they face if they experience losses.

There are many who say it is better to invest much safer than trading or say the opposite, so when people already have the skills then they will dare to trade on the CEX exchange, but when not ready they are better off avoiding it.
I think it is not so difficult to analyze the market. People can analyze the charts because it is something we can learn. People who claim they have no ability in analyzing, they are probably lazy. Another thing that we must learn is about the fundamental factors. If we often to check the development of the projects, we can understand how to analyze this.

People who suggest to invest because they have no much time for trading. And they may be lazy to learn trading. But if we have the intention to succeed with trading, we must have time for ttrading. We can learn trading from any sources, so why we must be lazy.  Wink
newbie
Activity: 15
Merit: 0
February 16, 2024, 02:22:57 PM
#83
Lately, I have noticed in most crypto groups I'm in,  many crypto enthusiasts are increasingly participating in airdrops and crypto events organized by exchanges or project developers to earn USDT or tokens. Is it because these "people" are afraid to trade or they do not believe they can make money from trading? Don't get me wrong, I understand that this can also generate passive income, but what I'm curious about is whether these activities truly yield significant profits or not.

Edit

So, like I said earlier I'll do some research about this and I realised that most of you are right. I just discovered that there are many ways people make money out of events, I wasn't too diverse at first before I posted earlier but now I understand.

Judging from these two links the first one is still ongoing while the second one finished last year. So it seems there are different ways to get money in a simple term and be safe with your assets not necessarily mean you must trade especially if you're using a cex

https://medium.com/@fortunedivine04/spin-win-on-bitget-your-ticket-to-exciting-rewards-46b72a605d75

https://www.bybit.com/en/promo/events/earn-carnival


I think the reason why most people prefer participating on air drops and other crypto activities rather than trading is mostly because they don't have the knowledge of trading and they think it's very difficult task that they can't try atall. I thought thesame wen I first heard about crypto. It was the VIP groups I even joined then that thought me so many things am using now to learn trading.

And again I think capital to start with is always a problem especially for the new bies. The reason is they are always afraid of losing their capital since they are not confident on what they are about starting so they feel these activities could give them a start up capital.

The truth is those airdrops never worked for me rather they were wast of time to me and at times I even lost money on them because I wasn't making research and I fell for scam tokens. But I decided to start learning how to trade for myself since that's the best way to earn legit money without scam issues.
hero member
Activity: 1498
Merit: 785
February 16, 2024, 01:55:34 PM
#82
There are many reasons why people are afraid to trade because of their inability to analyze the market or a particular coin or the constraint that they are minimal with capital and are not ready for all the risks they face if they experience losses.

There are many who say it is better to invest much safer than trading or say the opposite, so when people already have the skills then they will dare to trade on the CEX exchange, but when not ready they are better off avoiding it.

Indeed, there are so many events on the trading competition exchange, starting from the newly listed token, the exchange will announce the token competition - whoever has the most volume will win it, this is not easy you must be ready to take this step.
copper member
Activity: 2156
Merit: 536
Building my own Dreams!
February 16, 2024, 01:25:39 PM
#81
The answer is simple. They love their hard earned money and without proper preparation they don’t want to trade. Trading is not an easy task. You need to have proper technical knowledge in order to make profits from trading. If you don’t have enough knowledge about the market and do trading blindly, then forget about profits, you will be sinked in losses only. Hence, many people try other stuffs many time to make some good cash.
sr. member
Activity: 1000
Merit: 279
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February 16, 2024, 01:08:11 PM
#80
People are not actually scared to trade since they can always learn trading if they really want. But knowing the fact that trading is highly risky and there are possibilities that one may lose more than gain, then I think people will be more afraid to trade and lose all their funds. While others do not have equipped knowledge and strategies learned in trading and that made them not prepared enough to take high risk in trading.

Trading is for people with growth mindsets. Do you know what is a growth mindset? A person with a growth mindset is someone who is always eager to grow in life and when you have such a mindset, you are never afraid to try different ideas, especially business ideas. You will be ready to make investments and start businesses, and of course, only after doing enough research and understanding what you are getting into.
On the other hand, a person who doesn't have a growth mindset will be afraid to do such things. Such people will always rely on day jobs to spend their lives and they don't think of getting out of their comfort zone because they are afraid of loss and when you have such a mindset, you cannot become a trader because you won't have the courage the face the situations you might need to face when you are trading.
legendary
Activity: 2772
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Leading Crypto Sports Betting & Casino Platform
February 16, 2024, 12:41:04 PM
#79
Lately, I have noticed in most crypto groups I'm in,  many crypto enthusiasts are increasingly participating in airdrops and crypto events organized by exchanges or project developers to earn USDT or tokens. Is it because these "people" are afraid to trade or they do not believe they can make money from trading? Don't get me wrong, I understand that this can also generate passive income, but what I'm curious about is whether these activities truly yield significant profits or not.
Looking for airdrops with trading is different, both do not provide a definite income but the risk of airdrops can be said to be zero while trading is impossible to earn if you don't use capital or nothing is at risk so it is only natural why many are looking for airdrops and I am sure that by them looking for airdrops does not mean they stop trading or stop because of fear but because they know the risk of trading is greater, and airdrops when lucky will be able to get fantastic income even greater than trading because trading will certainly be based on the capital used.
legendary
Activity: 2842
Merit: 1152
February 16, 2024, 12:18:24 PM
#78
Just like the rest been saying on here is that if you dont really like on losing money then trading isnt really for you but if you are someone whose really that scared on taking up risks then trading is something that would really be testing out your patience and endurance about on taking up risks. You wont really be getting any possible income or money or profit if you wont really be taking any step forward.
This is why it would really be just that right that you would really be needing up to risks for you to earn money of course. If you do decide on sitting still then it would be your choice but you dont have the
chance on making money or having those profits. Sooner or later you would really be finding yourself getting jealous with other people just because they've been making money
while you are still just that the same. Somehow not all people would be risk takers and there are ones who do really love those safety methods or doesnt really take any risks.
Yeah true, people should not be afraid of losing money while trading. I get that it is going to end up with some losses here and there at times but that is just the part of it and we shouldn't really consider that as an issue. Get that we are going to end up with a good solution in the end which should be the best thing to do.

I believe that the trading world has losses, and being afraid of the risk means that you are not going to make much. If you are that scared of the risks, just invest into SP500 and keep making small returns, which would take decades for you to make a good return which you can make with a few years at bitcoin. This is why I try to do my best whenever I trade, and do not worry if I end up with a loss.
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